Back to search

Radtest Ltd

04626618

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

82A JAMES CARTER ROAD, MILDENHALL, IP28 7DE
Incorporated 02/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Dr. Richard Sharp

secretary · Since 01/12/2013

Dr Richard Edward Sharp

director · Since 20/10/2020

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Hiacre Group Ltd

75–100% shares
25–50% votes

D Wing, Hq Building, Thomson Avenue, Harwell, OX11 0GD

Reg: 12743418 · England And Wales · Limited Company

Notified 20/10/2020

Former PSCs

Aeroflex Test Solutions Limited

Ceased 11/07/2017

Lockwash Us Limited

Ceased 14/09/2020

Cobham Aes Holdings Inc

Ceased 20/10/2020

Radiation Test Solutions, Inc.

Ceased 21/05/2024

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 15/03/2022Registered 18/03/2022

CompanyRankvs 397+ SIC 74909 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.36× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£586k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.6M

Current Liabilities

£461k

Fixed Assets

£277k

Debtors

£966k

9avg. employees+1

Tax at Year End(2024)

Corp tax£99k
VAT£11k

Director Loans(2024)

Company owes directors£60k

Balance Sheet

Assets less current liabilities£1.4M
Signed by Dr. R Sharp 27 May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.36+£261k
20242.21+£798k£217k
20231.40-£179k£368k
20222.05-£850
20212.07+£109k
20201.74+£257k
20191.09

Derived from filed accounts. Not audited figures.